Remove 2019 Remove Article Remove Data Mining
article thumbnail

Deciphering The Seldom Discussed Differences Between Data Mining and Data Science

Smart Data Collective

The Data Scientist profession today is often considered to be one of the most promising and lucrative. The Bureau of Labor Statistics estimates that the number of data scientists will increase from 32,700 to 37,700 between 2019 and 2029. What is Data Science? Definition: Data Mining vs Data Science.

article thumbnail

How Big Data Has Revolutionized the Gaming Industry

Smart Data Collective

Big data is driving a number of changes in our lives. Forbes recently wrote an article about the impact of big data on the food and hospitality industry. Big data phenomenon has revolutionized almost every aspect of an average citizen’s life. In 2019, this number increased to 2.4 In 2014, there were about 1.82

Big Data 263
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Shocking Ways Big Data Changed the Nature of Business Lending

Smart Data Collective

This has proven important too, with the value of loans provided by big banks having declined by 3% overall between 2014 and 2019. They also need to understand that big data has both created new opportunities and challenges. While big data has made P2P lending possible, it has also made loans more competitive.

Big Data 252
article thumbnail

Big Data Reveals Surprising Insights Into Phone Payments

Smart Data Collective

New Hadoop and other data extraction tools have provided a great deal of information about these trends. Uulaa provided some very insightful information about the link between big data and phone payments in a Medium article. Big Data Shows the Changing Role of Phone Payments in the New Economy. Phone Payment Facts.

Big Data 189
article thumbnail

Big Data Is The Core Of Your Audience Targeting Strategy

Smart Data Collective

Avenew Media has talked about this extensively in one of their articles. They pointed out that big data might help you learn about customers, but only if you make it a priority: “Before you start thinking wildly about hiring professionals to crunch the numbers for you, you should understand that ‘big data’ is not always that big.

Big Data 196
article thumbnail

Protecting Your Cryptocurrency Wllets with Machine Learning

Smart Data Collective

In 2018, researchers used data mining and machine learning to detect Ponzi schemes in Ethereum. In 2019, another team tested the new fraudulent behavior Honeypot in Ethereum. In this article, let’s explore one of crypto’s essential features: the crypto wallet.

article thumbnail

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

There have been so many articles published about AI and its applications, you can find millions of articles from broad concepts to deep technical literature on the internet. You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. Hope the article helped. Source: Gartner Research).